Affordable

What Salary Do You Need to Live in Edon?

To afford a 2-bedroom in Edon, you need to earn at least $44,640/year based on estimated fair market rent data. The median household income here is $61,563, which means the typical resident is $16,923 above the threshold.

Census ACS Data Pop. 902

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$781	$2,603	$31,240	$-30,323
1 Bedroom	$926	$3,087	$37,040	$-24,523
2 Bedroom BENCHMARK	$1,116	$3,720	$44,640	$-16,923
3 Bedroom	$1,362	$4,540	$54,480	$-7,083
4 Bedroom	$1,674	$5,580	$66,960	+$5,397

Affordability Breakdown

Where the required salary line crosses above Edon's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$61,563

Annual household

2BR Required Salary

$44,640

Under 30% rule

Income Gap

+$16,923

Surplus

Verdict

Affordable

Ratio: 21.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Edon

Your Annual Salary

Pre-filled with Edon's median household income

Max monthly rent you can afford$1,539

Studio

$781/mo

1 BR

$926/mo

2 BR

$1,116/mo

3 BR

$1,362/mo

4 BR

$1,674/mo

Your salary is $0 above the median income in Edon.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Edon's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Edon

Living in Edon is well within reach for most median-income earners. With a $16,923 cushion between what residents earn and what a 2-bedroom requires, households in Edon typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Edon, a studio at $781/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,362/month remains accessible for dual-income households earning above $54,480.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $66,960 would position you well — though many residents in Edon manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Edon, Ohio.

With a total population of 902, the city supports an active civilian workforce of 466 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $44,640 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

466

Active civilian employees in Edon

Frequently Asked Questions About Renting in Edon

What salary do I need to live in Edon, Ohio?

To afford a 2-bedroom in Edon under the 30% rule, you need an annual salary of at least $44,640. The median household income in Edon is $61,563.

Can I afford a 2-bedroom in Edon on $61,563?

The affordability verdict for Edon is "Affordable". The rent-to-income ratio is 21.8%, meaning median earners have a $16,923 surplus.

What is the average rent in Edon compared to median income?

The median gross rent in Edon is $926/month. With a median household income of $61,563, residents spend approximately 21.8% of their income on rent.

What salary do I need for a studio in Edon?

A studio in Edon rents for approximately $781/month. Under the 30% rule, you need an annual salary of $31,240 to afford this.

Is Edon considered an affordable place to live?

Based on the surplus of $16,923 and an affordability verdict of "Affordable", Edon is considered a affordable rental market when comparing the required 2-bedroom salary of $44,640 to the local median household income.

How Edon Compares

Other cities in Ohio with salary requirements